U.S.-Iran warning resurfaces ahead of nuclear talks, further pressuring bitcoin and crypto markets
Traders are likely to treat geopolitical headlines as catalysts for volatility rather than clear directional signals for crypto prices.
The largest transfers went to credit and trading firm Two Prime, which received more than 660 BTC, while additional chunks were sent to a BitGo address and a fresh wallet.
The initiative highlights the need for proactive measures in the crypto industry to safeguard against future technological threats.
February 6, 2026, 4:38 amBitcoin's volatility gauge, the BVIV, spiked to nearly 100%, its highest level since the 2022 FTX collapse.
February 6, 2026, 3:27 amTraders are likely to treat geopolitical headlines as catalysts for volatility rather than clear directional signals for crypto prices.
BTC fell as much as 4.8% to around $60,033 during late U.S.
Shares fell after both companies reported quarterly revenue below Wall Street expectations as Bitcoin dropped sharply.
Bitcoin plummeted to a low of around $60,000 after the Crypto Fear & Greed Index hit its lowest score since mid-2022, when the Terra blockchain collapsed.
QCP's Darius Sit says October's deleveraging event exposed the real divide: bitcoin trades like collateral, altcoins trade like a bet on exchange…
US equities rebounded as the S&P 500 climbed to $6,976, before correcting. Earlier in the week, the benchmark index closed just shy of its prior record before briefly moving higher in subsequent trading, while risk appetite in equities contrasted sharply with continued weakness across crypto markets.
Bitcoin price extended its decline to $60,000. BTC is down over 10% and might struggle to recover easily above the $70,000 resistance. Bitcoin is attempting to recover but struggling to clear hurdles. The price is trading below $70,000 and the 100 hourly simple moving average.
A single-day 14% drop and a drawdown of more than 50% have pushed Bitcoin into territory typically associated with bear markets.
Traders were active in BlackRock’s iShares Bitcoin Trust ETF on Thursday as Bitcoin plummeted, falling 12% in the last 24 hours.